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2707 Federal Street is located in a qualifying Opportunity Zone. Attention builders, developers, and investors — here's your chance to secure a prime development opportunity in the heart of Grays Ferry, one of Philadelphia's most rapidly transforming neighborhoods. Construction is booming all around, with new residential and mixed-use projects reshaping the area and driving demand higher every day. This offering provides approvals and potential to build 9 modern residential units, perfectly positioned to capture the wave of growth. The site sits in a high-demand corridor with projects underway on nearly every block, offering unmatched opportunity for those ready to take advantage. With easy access to University City, Center City, Penn, Drexel, and CHOP, the location is ideal for buyers and renters alike. The area's strong rental and resale demand makes this a smart investment, whether you're looking to hold or exit. With new projects breaking ground across the neighborhood, this is a rare opportunity to get in on the action. Don't miss your chance to develop in one of Philadelphia's hottest growth markets!

Source: BRIGHT MLS, MLS#: PAPH2539020

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  • Property Type
    Land
  • Lot
    0.08 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2707-11 FEDERAL STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/15/2026Source: BRIGHT MLS Price Reduction
$575,000 -4.0%
11/26/2025Source: BRIGHT MLS Price Reduction
$599,000 -14.3%
11/4/2025Source: BRIGHT MLS Price Reduction
$699,000 -28.3%
10/7/2025Source: BRIGHT MLS Price Reduction
$975,000 -27.8%
9/18/2025Source: BRIGHT MLS Added to Database
September 18, 2025
Listing provided courtesy of KW Empower- MLS# PAPH2539020MLS ProviderContact Information: [email protected] - 2156273500